• European stock markets mid session: stocks traded mixed ahead of a speech by the Fed Chairwoman Janet Yellen

Market news

29 March 2016

European stock markets mid session: stocks traded mixed ahead of a speech by the Fed Chairwoman Janet Yellen

Stock indices traded mixed ahead of a speech by the Fed Chairwoman Janet Yellen later in the day. Market participants will closely monitor her comments for hints of further monetary policy actions.

Market participants also eyed the economic data from the Eurozone. The European Central Bank (ECB) released its M3 money supply figures on Monday. M3 money supply rose 5.0% in February from last year, in line with expectations, after a 5.0 % increase in January.

Loans to the private sector in the Eurozone climbed 1.6% in February from the last year, beating expectations for a 1.4% rise, after a 1.4% gain in January.

Total credit to euro area residents increased to 3.2% year-on-year in February from 2.6% in January.

Loans to non-financial corporations rose to 0.9% year-on-year in February from 0.6% in January.

Current figures:

Name Price Change Change %

FTSE 100 6,096.78 -9.70 -0.16 %

DAX 9,814.43 -36.92 -0.37 %

CAC 40 4,336.46 +6.78 +0.16 %

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